Cleveland-Cliffs Inc. (CLF)
| Market Cap | 6.29B +60.7% |
| Revenue (ttm) | 18.90B +1.5% |
| Net Income | -1.22B |
| EPS | -2.31 |
| Shares Out | 570.41M |
| PE Ratio | n/a |
| Forward PE | 321.28 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 10,755,105 |
| Open | 10.85 |
| Previous Close | 10.65 |
| Day's Range | 10.78 - 11.14 |
| 52-Week Range | 5.63 - 16.70 |
| Beta | 2.01 |
| Analysts | Hold |
| Price Target | 10.43 (-5.35%) |
| Earnings Date | Apr 20, 2026 |
About CLF
Cleveland-Cliffs Inc. operates as a steel producer in the United States and Canada. It offers hot-rolled, cold-rolled, and coated products, such as aluminized, electrogalvanized, and galvalume products, as well as galvanneal and hot-dipped galvanized products; stainless and electrical products, including GOES, NOES, and auto chrome; plate products; and slab and other steel products. The company also provides non- steelmaking products comprising stamped components, tool and die, and tubing; and scrap, iron ore, HBI, coal, and coke products. It a... [Read more]
Financial Performance
In 2025, Cleveland-Cliffs's revenue was $18.61 billion, a decrease of -3.00% compared to the previous year's $19.19 billion. Losses were -$1.48 billion, 94.5% more than in 2024.
Financial StatementsAnalyst Summary
According to 11 analysts, the average rating for CLF stock is "Hold." The 12-month stock price target is $10.43, which is a decrease of -5.35% from the latest price.
News
Cleveland-Cliffs price target raised to $10 from $9 at Goldman Sachs
Goldman Sachs raised the firm’s price target on Cleveland-Cliffs (CLF) to $10 from $9 and keeps a Neutral rating on the shares. The firm’s steel price outlook is revised higher
Moderately bullish activity in Cleveland-Cliffs with shares up 1.42%
Moderately bullish activity in Cleveland-Cliffs (CLF), with shares up 14c, or 1.42%, near $10.37. Options volume relatively light with 23k contracts traded and calls leading puts for a put/call ratio
Cleveland-Cliffs enters multi-year partnership with Palantir
Cleveland-Cliffs (CLF) announced it has entered a strategic partnership with Palantir Technologies (PLTR) to deploy advanced AI-driven solutions across its footprint. The recently executed three-year ...
Cleveland‑Cliffs Announces Multi-Year Partnership with Palantir to Deploy AI Platform
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today announced it has entered a strategic partnership with Palantir Technologies to deploy advanced AI‑driven solutions across its footpr...
Moderately bullish activity in Cleveland-Cliffs with shares up 7.65%
Moderately bullish activity in Cleveland-Cliffs (CLF), with shares up 70c, or 7.65%, near $9.79. Options volume nearly triple the daily average with 168k contracts traded and calls leading puts for
Cleveland-Cliffs price target lowered to $12 from $16.80 at Morgan Stanley
Morgan Stanley lowered the firm’s price target on Cleveland-Cliffs (CLF) to $12 from $16.80 and keeps an Overweight rating on the shares. The firm is updating its estimates following Q1
Cleveland-Cliffs price target lowered to $11 from $13 at Citi
Citi lowered the firm’s price target on Cleveland-Cliffs (CLF) to $11 from $13 and keeps a Neutral rating on the shares. The firm views the company’s cost guidance as disappointing.
Cleveland-Cliffs says Q1 the beginning of sustained improvement progression
Says clear signs of positive trends forming. Says order book full, with automotive OEM’s booking more. Says Canada market oversupplied due to dumping. Says rising energy costs the biggest one-time
Cleveland-Cliffs expects costs to ‘fall meaningfully’ in 2H26
Sees positive free cash flow in Q2 and strong free cash flow generation in 2H26.
Cleveland-Cliffs sees costs ‘ticking up a bit’ in Q2
Expects Q2 shipments to improve and remain above 4.1M tons. Expects automotive shipments to increase in Q2. Says “no longer in a hurry” to complete Posco deal. “Confident” that all
Cleveland-Cliffs says shipment volumes expected to increase in Q2
Says volumes expected to increase from Q1 to Q2 as demand continues to improve. Says mix expected to continue to shift to higher-margin business in Q2. Comments taken from investor
Cleveland-Cliffs says under contract or closed 8 non-EBITDA contributing assets
Says under contract, closed, or agreements in principle for 8 non-EBITDA contributing assets. Total value for these deals is $425M, with about $70M received to date. Says 100% of net
Cleveland-Cliffs says liquidity $3.1B as of March 31
Says leverage target is 2.5x. Says committed to utilizing 100% of cash flow towards debt repayment. Capital allocation priorities are as follows: Debt reduction is number one priority; Maintain ample
Cleveland-Cliffs Earnings Call Transcript: Q1 2026
Q1 2026 saw a strong recovery in pricing and shipments, with adjusted EBITDA up $274 million year-over-year. Outlook for Q2 and Q3 is positive, with higher shipments, improved pricing, and major cash inflows expected. Asset sales and operational efficiencies are set to further strengthen results.
Options Volatility and Implied Earnings Moves Today, April 20, 2026
Today, several major companies are expected to report earnings: Alaska Air (ALK), AGNC Investment (AGNC), Bank Of Hawaii (BOH), Cleveland-Cliffs (CLF), Dynex Capital (DX), Steel Dynamics (STLD), Wintr...
Cleveland-Cliffs reports Q1 steel shipments of 4.1M net tons
Represents a 338,000 increase from the prior quarter.
Cleveland-Cliffs CEO: Trade enforcement in U.S. ‘working exactly as intended’
CEO Lourenco Goncalves said: “Trade enforcement in the United States is working exactly as intended, with steel imports at their lowest levels since the global financial crisis. Recent actions related
Cleveland-Cliffs says discussions with Posco remain ‘constructive’
Cliffs says it will only proceed at “full and fair value to shareholders.” Cliffs also notes that it has zero note maturities from 2026-2028 following October 2025 redemption. Comments taken
Cleveland-Cliffs sees FY26 steel shipment volumes 16.5M-17M net tons
The company maintains the following previously guided expectations for the full-year 2026, including: Steel shipment volumes maintained at approximately 16.5-17.0 million net tons; Capital expenditure...
Cleveland-Cliffs Reports First-Quarter 2026 Results
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today reported first-quarter results for the period ended March 31, 2026. First-Quarter Consolidated Results Steel shipments of 4.1 millio...
Cleveland-Cliffs to Announce First-Quarter 2026 Earnings Results and Host Conference Call on April 20
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) will announce first-quarter 2026 earnings results before the U.S. market open on Monday, April 20, 2026. The Company invites interested pa...
CLF Stock: Can It Bounce Back After The Post-Earnings Downgrade Spree?
Cleveland-Cliffs (CLF) – a producer of flat-rolled steel and tubular components in North America – experienced a 9-day decline, resulting in total losses of -26%. The company's market capitalization h...
Cleveland-Cliffs, Inc. Investigated by the Portnoy Law Firm
LOS ANGELES, March 12, 2026 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Cleveland-Cliffs , Inc., (“Cleveland-Cliffs" or the "Company") (NYSE:CLF) investors that the firm has initiated an investig...
After A Tough 2025, What's Next For CLF Stock?
Cleveland-Cliffs' (NYSE:CLF) financial results through 2025 presented a difficult scenario for investors and the overall steel industry. The company disclosed fourth-quarter revenue of approximately $...
Cleveland-Cliffs Inc. Appoints Ralph Michael as Lead Director
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today announced the appointment of Ralph “Mike” Michael III as Lead Independent Director of the Company's Board of Directors, effective im...